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Tecnisa Borrows US$116mn in Sale of 3-Year Debentures

Tecnisa, a Brazilian real-estate broker, announced it borrowed 200mn reais (approximately US$116mn) in a sale of debentures that will mature between May 2012 and February 2013.

The loan will fund Tecnisa’s working capital need. Leonardo Charles Malafaia Paranaguá is Tecnisa’s chief financial officer.

Posted in Bonds, Credit, Debentures, Real Estate. Tagged with .

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